At the start of the empire the denarius was 100% silver. By the reign of Gallienus they were just copper coins with a thin silver wash.
There was an increase in money production however it was fake so many merchants wouldn't take the money, causing inflation
The prices raised too high for the people to be able to pay for
The inflation started when Rome began to run out of silver from conquering other territories and taking it, so the emperor began making the coins out of tin
Nero an other emperors debased the value of the coin. By debasing means the coin didn't have natural value and just representative of the gold or silver it had once had
Especially luxurious emperors like Commodus, who marked the end of the period of the five good emperors, depleted the imperial coffers. By the time of his assassination, the Empire had almost no money left.
As Rome lost land it also lost its revenue base
The Roman Empire acquired money by taxation or by finding new sources of wealth, like land
"Economic Reasons for the Fall Of Rome." About.com Ancient / Classical History. N.p., n.d. Web. 16 Jan. 2013.
Inflation Today
Inflation occurs when money loses its value. This can happen if there is too much money printed
Inflation isn't always bad. If there was a very low level of inflation it would ruin the economy so the government uses resources like the central bank in order to keep certain levels of inflation
Inflation is good for the businessmen selling the product because they make more money
Inflation is bad for the elderly and poor people who struggle and can't keep up with the inflation
It can be good for the economy if it is around 2-3 percent
People who lived on fixed incomes struggle with inflation so even low inflation is bad
"Is Inflation Really Good for the Economy?" Is Inflation Really Good for the Economy?N.p., n.d. Web. 17 Jan. 2013.
"Economic Reasons for the Fall Of Rome." About.com Ancient / Classical History. N.p., n.d. Web. 16 Jan. 2013.
Inflation Today
"Is Inflation Really Good for the Economy?" Is Inflation Really Good for the Economy?N.p., n.d. Web. 17 Jan. 2013.
The link for my finished project:
https://docs.google.com/a/foresthills.edu/presentation/d/1bWONSJjO7QuLtkCGOYYRQ7W79T1QgPWwyUgkjNqVDos/edit#slide=id.ga067a63c_042